India plans to reach 5 million tons in annual green hydrogen production capacity by 2030. In July, India invited pilot bids under its $2 billion program to incentivize production of green hydrogen and the manufacturing of electrolysers. The Indian government unveiled the results of two major auctions to support domestic...
India Plans Incentives for Green Hydrogen Fuel Producers
According to a top government official, India plans to give green hydrogen fuel producers incentives worth at least 10% of their costs under a $2 billion outlay set to begin before the end of June. For India, with less than five decades to go for its net-zero target, and with...
India Ramps Up Infrastructure Lending in its Neighborhood
In recent years, New Delhi has upped its overseas lending, providing tens of billions of dollars in credit to countries in the region, including financially distressed Belt and Road Initiative (China's program) recipients such as Sri Lanka. India's role as a creditor, by which it offers other governments lines of...
India’s Adani, Gadot Win Deal to Privatize Israeli Port
Ahmedabad, Gujarat headquartered Adani Ports and Special Economic Zone Ltd (APSEZ) and Israel’s Gadot Group have won the tender to privatize the Port of Haifa, the second largest port in Israel. "The privatization of the port of Haifa will increase competition at the ports and lower the cost of living,"...